Are you letting yourself be influenced by real estate statistics that don't really tell the story of your local market? BC provincial average real estate stats are overwhelming dominated by the Vancouver real estate market, since more than half of BC's population lives in the Metro Vancouver area. The Kelowna real estate market behaves quite independently from the Vancouver market and currently, the statistics show a very different story. The Kelowna market is currently very balanced and stable while Vancouver activity is declining noticeably. Unfortunately, the provincial statistics only tell the story of our oversized Lower Mainland cousin.
For accurate Kelowna area real estate information, contact: Grant Wiebe - 250-869-2279